USPS allows you to do this, effective immediately
The postal agency offers a new exciting service for customers.
You may think you know everything that theUS postal service (USPS) can do, but the agency's services extend well beyond mail. You can also request a passport, get a mandate, receive help for a marketing campaign and buy paper goods toYour local post office, according to the initiate. And now, the USPS is preparing to expand its services even more for customers from all over the United States. Read it to find out what the agency will now let you do.
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The USPS says it will begin cash checks for some customers.
The postal service isAddition of financial assistance In its services, the American Association of Persons (AARP) reported on March 22. According to the organization, the USPS allows you to enable customers of some cities to cash pay checks and corporate checks. If you are in Washington, DC, Falls Church, Virginie or Bronx, New York, you are able to cash the checks of up to $ 500 on debit cards for lump sum fees from $ 5.95 at your desktop local position.
The agency seeks to help adults at the US who does not have a bank.
According to AARP, the USPS expands its service in the financial arena for the purpose of joining millions of people in the United States that do not have access to a current bank. President of the Union of American Postal WorkersMark DimondsteinTold AARP that the $ 5.95 flat fees are also an attempt to service these people in a cheaper way.
"It's a huge problem for non-bankruptcies and sub-brands that are often caught in the predatory process of payday loans and cash verification," said Dimondstein. "Low-income people, who are working or withdrawn actively, spend up to 10% of their revenues on these royalties and services. Here you have a public confidence institution that already provides basic financial services such as mandates. "
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Millions of people in the country do not have access to a bank.
There are millions of people in the United States who do not have a bank, a control or savings account, according to AARP. The organization found that on all non-bass households, 3.1 million are led by a person over the age of 50. And 14.2 million 50-year-old households who use cash receipts and payday lenders do not have access to traditional financial services.AE0FCC31AE342FD3A1346EBB1F342FCB
In this spirit, USPs are developing in banking services will probably have a lot of people who need it. According to AARP, more than 4,000 banking branches are closed in 2021, some small towns have not even available. But a post office location could be accessible to people in these areas. USPS has more than 31,000 post offices, with more than 17,000 in the neighborhoods without a bank or only one as appropriate, by AARP.
The postal service once allowed customers to check the checks.
This is not the first time the USPS offered this type of financial service. According to AARP, the agency allowed customers to cash the checks at post offices several decades ago. But the USPS put an end to its banking services in 1967, while more people moved to use real banks with the expansion of the country's financial system. With its renewed service, the postal service said that the hope of growing enough for customers to possibly pay invoices, deposit and remove money from the local post office.
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